This is our weekly ASX MoMo (momentum) report. We have analysed the ASX 200 through our stock screeners to give you the top stock recommendations with positive and negative momentum to help you get an edge in your trading. We also look at whether the ASX may be primed for a reversal based on its market internal indicators.
In this report we look at:
- Last week the Momo report netted over 20% with longs on WHC and AHY, and a short on REG (thank you BAML healthcare report!).
- This week our top stock pick is ASX.
- Short positions have been building in (AX:BOQ) and (NYSE:NSR).
- A run-down of the market internals for the ASX.
- And the stocks that have seen unusually high volume moving through them, often precipitating major moves.
To read the entire report Please click on the pdf File Below